Thursday, December 15, 2011

Gold long-term support

click on chart to enlarge

2 comments:

  1. Thanks again for your great analysis, please do mention about your stop level. Thank you

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  2. You are welcome. It is not at trendline yet. When I enter the trade I will update here. This is very contrarian on the short-term, because 200 dma broke, but still within a long-term bull structure. Market may not care about that right now, hence a stingy stop, perhaps no more than 20 points.

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